Quotes About Economy

Our free enterprise system is broken and can't be fixed." The source said Templeton was angry and blamed the state of the economy on "untouchable elites" and "crony capitalists working hand-in-glove with corrupt politicians.

add to all the others he had levied for the war.

Only if government fulfilled its responsibility by fostering a robust economy was it ressonable to hold individuals responsible for working hard and striving to do their best. Pursuing the American Dream, 8, 246

The Deep Work Hypothesis: The ability to perform deep work is becoming increasingly rare at exactly the same time it is becoming increasingly valuable in our economy. As a consequence, the few who cultivate this skill, and then make it the core of their working life, will thrive.

To remain valuable in our economy, therefore, you must master the art of quickly learning complicated things. This task requires deep work. If you don't cultivate this ability, you're likely to fall behind as technology advances. The

To remain valuable in our economy, therefore, you must master the art of quickly learning complicated things.

The Principle of Least Resistance, protected from scrutiny by the metric black hole, supports work cultures that save us from the short-term discomfort of concentration and planning, at the expense of long-term satisfaction and the production of real value. By doing so, this principle drives us toward shallow work in an economy that increasingly rewards depth.

To remain valuable in our economy, therefore, you must master the art of quickly learning complicated things. This task requires deep work. If you don't cultivate this ability, you're likely to fall behind as technology advances.

The superstar effect, in other words, has a broader application today than Rosen could have predicted thirty years ago. An increasing number of individuals in our economy are now competing with the rock stars of their sectors.

As digital technology reduces the need for labor in many industries, the proportion of the rewards returned to those who own the intelligent machines is growing. A venture capitalist in today's economy can fund a company like Instagram, which was eventually sold for a billion dollars, while employing only thirteen people. When else in history could such a small amount of labor be involved in such a large amount of value?

With so little input from labor, the proportion of this wealth that flows back to the machine owners—in this case, the venture investors—is without precedent. It's no wonder that a venture capitalist I interviewed for my last book admitted to me with some concern, "Everyone wants my job.

Asimismo, una persona que trabajaba en el área del marketing en los años noventa quizá no imaginó que hoy debe tener sólidos conocimientos en análisis digital. Por lo tanto, para seguir siendo valiosos en nuestra economía, es necesario que dominemos el arte de aprender rápidamente cosas complicadas. Esta labor exige un trabajo profundo. Si no cultivamos esta aptitud, nos quedaremos atrás conforme vaya avanzando la tecnología.

in an age in which the digital attention economy is shoveling more and more clickbait toward us and fragmenting our focus into emotionally charged shards, the right response is to become more mindful in our media consumption:

An increasing number of individuals in our economy are now competing with the rock stars of their sectors.

as we shift to an information economy, more and more of our population are knowledge workers, and deep work is becoming a key currency—even if most haven't yet recognized this reality.

the Slow Media Manifesto argues that in an age in which the digital attention economy is shoveling more and more clickbait toward us and fragmenting our focus into emotionally charged shards, the right response is to become more mindful in our media consumption:

To learn hard things quickly, you must focus intensely without distraction. To learn, in other words, is an act of deep work. If you're comfortable going deep, you'll be comfortable mastering the increasingly complex systems and skills needed to thrive in our economy. If you instead remain one of the many for whom depth is uncomfortable and distraction ubiquitous, you shouldn't expect these systems and skills to come easily to you.

The complex reality of the technologies that real companies leverage to get ahead emphasizes the absurdity of the now common idea that exposure to simplistic, consumer-facing products—especially in schools—somehow prepares people to succeed in a high-tech economy. Giving students iPads or allowing them to film homework assignments on YouTube prepares them for a high-tech economy about as much as playing with Hot Wheels would prepare them to thrive as auto mechanics.

The Deep Work Hypothesis: The ability to perform deep work is becoming increasingly rare at exactly the same time it is becoming increasingly valuable in our economy. As a consequence, the few who cultivate this skill, and then make it the core of their working life, will thrive. This

Google is the second most valuable company in the United States, with a market cap of over $800 billion. Facebook, which had fewer than a million users ten years ago, now has over two billion and is the fifth most valuable company in the US, with a market cap of over $500 billion. ExxonMobil, by contrast, is currently worth around $370 billion. Extracting eyeball minutes, the key resource for companies like Google and Facebook, has become significantly more lucrative than extracting oil.

Erecting barriers against the existential is not new—before YouTube we had (and still have) mindless television and heavy drinking to help avoid deeper questions—but the advanced technologies of the twenty-first-century attention economy are particularly effective at this task.

There are many ways to discover that you're not valuable in our economy. For Jason Benn the lesson was made clear when he realized, not long after taking a job as a financial consultant, that the vast majority of his work responsibilities could be automated by a "kludged together" Excel script.

One of the most valuable skills in our economy is becoming increasingly rare. If you master this skill, you'll achieve extraordinary results.

Earlier I noted that we seem to have stumbled backward into a digital life we didn't sign up for. As I'll argue next, it's probably more accurate to say that we were pushed into it by the high-end device companies and attention economy conglomerates who discovered there are vast fortunes to be made in a culture dominated by gadgets and apps.